CMTL - Comtech Telecommunications Investigated For Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm | Benzinga
BOSTON, June 12, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Comtech Telecommunications Corp. (NASDAQ:CMTL) for potential securities law violations. Investors who have lost money in their Comtech Telecommunications investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/cmtl.
What is this all about?
On June 10, 2024, Comtech Telecommunications announced a further delay to issuing its financial results, which it attributed to efforts to refinance its credit facility. Block & Leviton is investigating the company, which has been using aggressive accounting procedures, including the use of so-called "unbridled receivables." Investors who have lost money may be able to recover their losses.
Who is eligible?
Anyone who purchased ...